Paniro is a producing conventional oil field located onshore Pakistan and is operated by United Energy Pakistan. The field is located in block Paniro.
Field participation details
The field is owned by United Energy Group and Oil & Gas Development.
Production from Paniro
The Paniro conventional oil field recovered 97.08% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 0.47 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0.04 Mmboe, comprised of 0.03 Mmbbl of crude oil & condensate and 0.06 bcf of natural gas reserves.
About United Energy Pakistan
United Energy Pakistan Ltd (UEP), a subsidiary of United Energy Group Ltd, is an oil and gas exploration and production company that acquires, explores, develops and produces oil and gas properties. The company has its assets in various areas of Sindh province including Badin, Tando Mohammad Khan, Tando Allahyar, Thatta, Hyderabad, Matiari, Sanghar, and Mirpurkhas. Its assets comprise nine producing and exploration blocks in Sindh province and four offshore exploration blocks in the Arabian Sea. UEP partners with other oil and gas companies for its exploration activities. The company operates through its offices located in Karachi, Islamabad, Badin, and Matiari, Pakistan. UEP is headquartered in Karachi, Pakistan
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.